The Pattern Nobody's Talking About: Bitcoin's Shrinking Ascents

Bitcoin started at a penny. Someone bought a pizza with 10,000 of them in 2010. It went on to hit $128,000. Tim Knight breaks the entire journey into 10 chapters and what each one tells you about where we are now. Mt. Gox wiped out 850,000 Bitcoin and triggered the first real crypto winter. The COVID trillions sent it from $4,000 to $60,000. China banned mining and cut it in half. FTX collapsed and SBF got arrested dropping it to $16,000 in days. Then ETFs launched Trump won and it ran to $128,000. Now it has been stuck at the same levels since spring 2024 despite the most pro-crypto administration in history. The ascents are getting shallower with every cycle. Tim wants to know what that means for chapter 11. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 Chapter 1: the cyberpunk era and the pizza 1:24 Chapter 2: first discovery and the Silk Road 2:28 Chapter 3: Mt. Gox collapse and first crypto winter 3:27 Chapter 4: speculative breakout to $20,000 4:19 Chapter 5: regulatory crackdown and COVID crash 5:00 Chapter 6: COVID trillions send Bitcoin to $60,000 5:54 Chapter 7: China bans mining second crypto winter 6:27 Chapter 8: FTX collapse and SBF arrested 7:03 Chapter 9: ETFs Trump election and the run to $128,000 8:06 Chapter 10: the big top and two years of no progress #Bitcoin #BitcoinHistory #CryptoHistory #TimKnight #tastylive #BitcoinChart #FTX #MtGox tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.